What is a Notice of Correction and when should you add one to your credit file?
Last reviewed August 2026 i QUICK ANSWER A Notice of Correction is a short statement – up to 200 words – that you can add to your credit report to explain a negative entry. It doesn’t change your credit score, but it gives lenders context that may influence a manual credit decision. You can add…
Read MoreThree small features, one better lending experience
Not every improvement to a lending journey needs to be big. Sometimes it’s the smaller features that add up to make a difference – fewer stalled applications, less manual work, faster turnaround. This month we’ve rolled out three new features, each solving a specific piece of everyday friction that slows loans down. Individually modest. Together,…
Read MoreHow Open Banking speeds up the loan application process
Last reviewed August 2026 i QUICK ANSWER Open Banking lets you securely share your bank transaction data with a lender in a few clicks, replacing the need to find, download and send paper bank statements. For credit union applications through NestEgg, connecting Open Banking can reduce a loan decision from days to hours. Before a…
Read MoreHow open banking keeps your data safe
Last reviewed August 2026 i QUICK ANSWER Yes, Open Banking is safe. Your bank login details are never shared with anyone. Instead, a secure one-time token is used for each connection. Open Banking is regulated by the Financial Conduct Authority, uses bank-grade encryption, and requires multi-step authentication. You stay in control and can disconnect at…
Read MoreWhat are the benefits of Open Banking?
Last reviewed August 2026 i QUICK ANSWER Open Banking is a secure, regulated way to share your bank transaction data with a lender, so they can see your income and spending without needing payslips or paper statements. It’s optional, read-only, and can be withdrawn at any time. For credit union loan applications, it typically speeds…
Read MoreWhat to do if you can’t pay your bills
Last reviewed August 2026 i QUICK ANSWER If you can’t pay your bills, don’t ignore the problem. Contact your creditors early and deal with priority bills first. Free debt advice is available from Citizens Advice, StepChange and National Debtline. Emergency grants may also be available depending on where you live. Falling behind on bills can…
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